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Re: What can/can't the Mayor do for Accrington
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Re: What can/can't the Mayor do for Accrington
Well if Kings the most qualified the others must be real useless :rolleyes: remember the banking crisis or the ignoring of it.:rolleyes:
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Re: What can/can't the Mayor do for Accrington
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Re: What can/can't the Mayor do for Accrington
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Cash - King solved the banking crisis!! He was knighted for saving the country which was totally appropriate.
So lets go back in time. Labour gets in and creates confusion of supervision removing it from the Bank of England, creating the FSA. King at that time was Head of Banking Supervision, BoE. He subsequently became Chief Economist, then Governor. Banks to out of control (mix of greed and no supervision). That's nothing to do with the man, not since Gordon thought he knew best in 1998, the same year he sold the countries entire gold reserves for $300 an ounce. So banking collapse starts with Northern Rock 10 August 2007, a date I remember we'll because it is the same day I started my first business in the UK. Real calamity doesn't hit banks until early 2008 when the entire system fails and the country gets to about 6 hours from total collapse and the loss of every penny in everyone's account (only 3% of bank balances are covered by cash, the rest is numbers in a computer.....). You'll remember Gordon and Alistair Darling hastily convening a news conference to announce a massive banking bailout (ahead of every other country in the world). That was not their idea, although Gordon tried to take the credit later, it was King and his associates at the Bank of England that saved the day. As I mentioned King subsequently knighted. |
Re: What can/can't the Mayor do for Accrington
Gordon n Darling n Blair before em were complete winkers,:rolleyes: As was King during the banking fiasco, political allegiance makes no difference at all to the way it is, theres those who can see the big picture n those who can't.
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Re: What can/can't the Mayor do for Accrington
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What can/can't the Mayor do for Accrington
King was (and still is) brilliant. Not only did he save the banking system with the solution that was hastily put in place but he was banking on in speech after speech prior to the collapse about greed in the city. Shame Tony and Gordon removed his powers in 1998.
He has them back now though. We can though agree on the merits of Blair, Brown and Darling. |
What can/can't the Mayor do for Accrington
I think Mark Carney will also be excellent. He has an excellent track record, and I think it's a stellar replacement of one of the most important jobs in the country.
Change is required in Europe, everyone knows that, but It's not as clear cut as stay or leave. Short term, too many British jobs depend on it. |
Re: What can/can't the Mayor do for Accrington
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What other organisation or business could operate without having it's accounts audited and verified?:mad: |
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other countries lie and cheat their way out of paying taxes and force their economey to collapse then the working people of our country have to suffer extra tax and cutbacks to bail them out the poop how much fairer than that can you get we go without so other countries can be wreckless and then whatever money we have left gets spent funding people as they pour into the UK country by country as they join the EU knowing that theres a soft touch just one tunnel trip past france away. the channel tunnel is the colon of europe and sadly that makes the UK its arsehole |
Re: What can/can't the Mayor do for Accrington
interesting how a thread about what a mayor can do has ended up been about the EU
yet according to some the EU isnt an issue the british public give a damn about go figure |
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